Additional economic data points to a nation that has regained its footing quickly after being thwacked by a global pandemic, though jobless claims remain stubbornly above 400,000.
economy
Posted inMaine Voices, Op-Eds, Opinion
Maine Voices: U.S. economy appears poised for post-pandemic boom
Today’s government spending and economic climate have striking similarities to World War II.
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Posted inBusiness
White House memo sees economic strength where critics see fragility
It says ‘our economy is likely to largely heal by the end of the year’ and the administration doesn’t foresee long-term inflation.
Posted inMaine Voices, Op-Eds, Opinion
Maine Voices: New U.S. intelligence report suggests how Maine can address global trends
We’re in a good position to improve the lives of people without college degrees, to welcome foreigners to a democratic society and to diversify our workforce.
Posted inMaine, News, Uncategorized
Mills unveils plan for COVID-19 recovery and use of more than $1 billion in federal aid
The governor says her plan is focused on immediate economic recovery from the pandemic, long-term economic growth and infrastructure revitalization.
Posted inBusiness
Powell sees need to help most vulnerable in uneven recovery
The Federal Reserve chairman says the disparities weigh on the country’s productive capacity.
Posted inEditorials, Opinion
Our View: Sometimes government is the solution
President Biden has charted a bold plan that uses the power of the federal government to bail out struggling families.
Posted inBusiness
Federal Reserve leaders agree: Economics has a racial-disparity problem
A study by the Brookings Institution reports Federal bank directors ‘are overwhelmingly white’ and ‘overwhelmingly male.’
Posted inMaine, News, Politics
COVID-19 stimulus bill to create $500 million windfall for Maine towns and cities
The huge package passed by Congress will provide cash-strapped local governments a substantial source of additional revenue over the next two years, and some already have ideas on how to use it.
Posted inMaine Voices, Op-Eds, Opinion
Maine Voices: Biden’s relief bill – good economics, even better politics?
The proposal provides a safety net to businesses, workers and local governments and supports a ‘whole of government’ strategy to control and end the pandemic.